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A corporate taxpayer plans to build a $6 million office building during the next 18 months. How must the corporation treat the interest on debt

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A corporate taxpayer plans to build a $6 million office building during the next 18 months. How must the corporation treat the interest on debt paid or incurred during the production period? A. The interest must be included in income for the year and taxed as capital gain income. B. The interest must be capitalized. C. The interest must be expensed. D. The interest must be included in income for the year and taxed as ordinary income

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